C-Quest Capital

Conflicts of interest and Verra’s cancellation of 5 million C-Quest cookstove carbon credits

Verra’s system is riddled with conflicts of interest.

Oct 24 •

Ken Newcombe, ex-CEO of C-Quest Capital, faces criminal charges for multi-year carbon credit fraud

“The charges are a blow to the carbon offset development industry.”

Oct 3 •

Interview with Wayne Sharpe, CEO of Carbon Trade Exchange, about the forthcoming auction of 1.5 million carbon credits from a cookstove…

“Carbon Credits authorized and certified as ITMOs are more valuable than Voluntary credits,” according to CTX.

Jul 11 •

“Over-issuance of millions of carbon credits”: C-Quest Capital announces “wrongdoing” by its former CEO, Ken Newcombe

At the World Bank, and then in the private sector, Newcombe was one of the major proponents of carbon trading. He also spent 16 years on Verra’s board…

Jun 27 •

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